Apple to make and sell $10 Dock Connector Adapter exclusively

Apple will be the sole vendor of its new Dock Connector Adapter, enabling the soon-to-be-released iPhone 5 to connect to older 30-pin dock devices.

According to a report by iLounge, Apple will sell the adapter for US$10 each, and US$29 for a pack of three.

“According to sources, the Dock Connector Adapters will sell for approximately [US]$10 each or three for [US]$29, with Apple-branded new USB cables selling for [US]$19 each”, iLoungewrites.

The new Connector Adapter is said to be a 9-pin model, in keeping with previous industry rumours. Given that the iPhone 5 will also feature the same 9-pin dock, the adapter will allow a cost-effective way for users to connect the device to older style 30-pin peripherals.

The Cupertino-based company will also reportedly allow third-party manufacturers to produce and sell the device at a later date.

Citing industry sources, iLounge also claims Apple is projecting sales of the new adapter to hit 10 million units by the end of 2012, nettig the company US$100 million profit.